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The Irish government reaffirmed its commitment to both the 12.5% corporations tax, and the tax holiday for business start-ups. The minister also announced accelerated capital cost allowance, and reaffirmed his support of R&D tax credits regime. Independent (Ireland)…
According to the statements of UAE Ministry of Economy senior officials, industrial companies may be the first to be permitted to be owned, 100% by foreign entities. The law now requires foreigners to have an Emirati as a…
Two relatively recent amendments to the Income Tax Act (South Africa) reflect a policy of encouraging the development of small enterprises. The first of these is aimed at reducing the compliance burden of micro enterprises and the second…
In a positive move towards economic liberalization, the UAE has declared its intention to scraps the minimum capital requirement of Dh150,000 to start a business (i.e. approximately USD$41,000.00 or CDN$44,000.00). The UAE is further committed to revising and…
